- Possible immediate entry in CHF, AUD
- Maintain bearish bias for GBP NZD AUD
- Possible trades in EUR, JPY
There are two new active ETFs on volatility - VMAX and VMIN
The funds' objective is to "minimize time to maturity of VIX futures portfolio" which will tend to make VMAX slightly more sensitive to VIX moves than most 1x long ETFs, and will make VMIN gain more in calm times than 1x short ETFs due to higher decay.
Here is a list of the more popular volatility ETFs.
The items in bold are the preferred instruments for their respective category due to their trading characteristics (e.g. better volume, tighter spreads etc). Those labelled "identical" share almost identical price behaviour (in percentage terms) as the preferred one in the category.
Performance 2017 YTD
VIX came back to life much sooner than I expected.
Trade idea for next 3 months - Aug Sep Oct - is to long volatility
These 3 factors make it a ripe for a good risk-reward play on volatility